Tagged: u.s.

January 27, 2021 @ 11:49 am By Samantha Hurst  |  

RateGenius, a U.S.-based fintech company with a proprietary consumer-lending platform, announced on Tuesday its annual study revealed the current state of the auto refinance market for 2021, finding that savings are at a historical high and interest rates are the lowest they’ve been in years,… Read More

January 27, 2021 @ 10:03 am By Samantha Hurst  |  

  Milo, a U.S.-based digital banking and lending startup, announced on Wednesday it secured $6 million through its seed funding round, which was led by QED Investors with participation from MetaProp and 10X Capital.  Founded in 2018, Milo describes itself as a fintech company that… Read More

January 26, 2021 @ 3:57 pm By Samantha Hurst  |  

Albert, a U.S.-based fintech, announced on Tuesday it raised $100 million through its Series C funding round, which was led by General Atlantic with participation from  CapitalG, Alphabet’s independent growth fund, Portag3, and QED. The investment round brings Albert’s total funding to $173 million. Launched… Read More

January 26, 2021 @ 2:09 pm By Samantha Hurst  |  

  Joshu, a U.S,-basd insurtech, announced on Tuesday it raised $3.7 million through its seed funding round, which was led by Blumberg Capital with participation from Engineering Capital, Correlation Ventures, Innovation Endeavors, and Sure Ventures. Founded in 2020, Joshu’s solution offers insurance carriers and managing… Read More

January 26, 2021 @ 1:53 pm By Samantha Hurst  |  

Empaxis Data Management, a cloud-based fintech and middl-and back-office services provider for investment management firms, announced on Tuesday it has opened  new office in Kolkata, India.  Founded in 2004, Empaxis provides outsourcing, automation tools, and cloud-based fintech to investment firms worldwide. The company’s clients include… Read More

January 26, 2021 @ 9:45 am By Samantha Hurst  |  

Roostify, a U.S.-based digital lending platform, announced on Tuesday it raised $32 million through its Series C funding round, which was led by Ten Coves Capital with participation from Cota Capital, Mouro Capital, Colchis Capital, Point72 Ventures, and JPMorgan Chase. As previously reported, Roostify describes… Read More

January 26, 2021 @ 9:32 am By Samantha Hurst  |  

  MPOWER Financing, a U.S.-based fintech platform for educational loans to international and DACA students, announced on Tuesday it received a $25 million investment from Tiden Park Capital Management. The latest investment comes less than a year after MPOWER raised $9 million. As previously reported, … Read More

January 25, 2021 @ 11:30 am By Samantha Hurst  |  

  Goalsetter, a U.S.-based family money app, has reportedly secured $3.9 million through its latest seed funding round. According to CNBC, the company saw investments from Brooklyn Nets’ Kevin Durant and Phoenix Suns’ Chris Paul through the round. As previously reported, Goalsetter describes itself as a… Read More

January 25, 2021 @ 10:25 am By Samantha Hurst  |  

  Digital banking group Varo Bank announced on Monday the launch of Varo for Tomorrow, which is described as an emergency fund giveaway aimed to help Americans get started on their savings journey for 2021 and build durable financial resilience for years to come. The… Read More

January 25, 2021 @ 9:33 am By Samantha Hurst  |  

MotoRefi, an auto refinancing startup on a mission to help consumers save on their car loans, recently announced it secured $10 million through its Series A-1 funding round, which was led by Moderne Ventures. According to MotoRefi, the Series A-1 round follows its Series A round,… Read More

January 21, 2021 @ 9:12 am By Samantha Hurst  |  

iCapital Network, a fintech providing access to alternative investments, announced on Thursday it is set to acquire the assets of AI Insight, Inc., an alternative investment education and compliance platform. According to iCapital Network, the AI Insight platform offers financial advisors investment research, training, qualification,… Read More

January 19, 2021 @ 2:31 pm By Samantha Hurst  |  

  Arbol, a U.S.-based insurtech platform specifically for parametric products, announced on Tuesday it secured $7 million through its Series A fundraiser. The investment round included participation from Finch Finance LLC, Space Capital, and Mubadala Capital-Ventures. Founded in 2018, Arbol’s products are able to quickly… Read More

January 19, 2021 @ 10:43 am By Samantha Hurst  |  

Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America, announced on Tuesday it has officially expanded its service to the U.S. with the launch of a GPS vehicle tracking solution. This launch comes less than six… Read More

January 15, 2021 @ 8:13 pm By Samantha Hurst  |  

  Real estate crowdfunding platform GROUNDFLOOR announced earlier this week a new pilot program to spur the development of more accessory dwelling units (ADUs) in the Atlanta jurisdictions. According to GROUNDFLOOR, the initiative is designed to support developers who seek financing for the renovation or new construction… Read More

January 15, 2021 @ 11:07 am By Samantha Hurst  |  

NYMBUS, a U.S. financial service platform provider, announced on Friday that Rilla Delorier and John Janclaes have joined its new industry advisory board. According to NYMBUS, the inaugural team of executives will provide valuable perspectives for helping more financial institutions accelerate their digital growth with… Read More

January 14, 2021 @ 3:26 pm By Samantha Hurst  |  

  XI Card, a U.S.-based smart credit card company, announced on Thursday it raised $12 million through its latest investment round, which was led by Spark Capital with participation from Jared Leto, Box CEO Aaron Levie, Yelp CEO Jeremy Stoppelman, Affirm CEO/PayPal Co-Founder Max Levchin,… Read More

January 14, 2021 @ 9:33 am By Samantha Hurst  |  

U.S.-based fintech Vesica announced earlier this week it raised $2.1 million through its seed funding round, which included investments from Mercury Digital Assets and Miami International Holdings. Vesica shared its flagship product, SHIFT, empowers traders with a “front page view” of financial markets by providing… Read More

January 13, 2021 @ 10:03 am By Samantha Hurst  |  

  U.S.-based money experience company MX announced on Wednesday it has raised $300 million in a Series C funding round led by a $150 million investment from TPG Growth with additional participation from new and existing investors including CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72… Read More

January 13, 2021 @ 8:16 am By Samantha Hurst  |  

  B2B fintech-as-a-service provider Rapyd announced on Wednesday it secured $300 million through its Series D financing round, which was led by Coatue with participation from Spark Capital, Avid Ventures, FJ Labs, Latitude, General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital,… Read More

January 12, 2021 @ 4:52 pm By Samantha Hurst  |  

Relay Payments, a U.S.-based fintech, announced on Tuesday it raised $43 million in funding over the past six months as it continues to “transform” payment processing within the supply chain industry.  Relay Payments describes itself as an end-to-end payment solution that takes the frustration out… Read More